Most developers have now transferred their assets to spouses

Irish Slaves for Europe

All perfectly legal. All tax free. Nothing NAMA can do about it but try to persuade them to reverse the transfers. Watch primetime on rte1 now. Merry Christmas everyone.

gar120

in fairness if i was a developer thats the first thing I would of done.

Cookie_Monster

aiding and abetting should be good enough to get them under

sollar

I wish these people were brought before the courts if they have defrauded the state in anyway. But we are the last plutocracy in europe and we don't prosecute these people.

goat2

what if the developer dies, we would have alot of merry widows

Daroxtar

Its ok. Primetime are showing us all where they live. Google earth FTW. I love the smell of napalm in the morning.

Ficheall

Cue slew of divorces...

Einhard

sollar wrote: »

I wish these people were brought before the courts if they have defrauded the state in anyway. But we are the last plutocracy in europe and we don't prosecute these people.

I'm pretty certain that you have to actually break the law in order to be prosecuted. If there are laws infringed in anyway, then yes, haul them up before the courts. But things are bad enough in this country without people tearing up the statute books.

goat2

Ficheall wrote: »

Cue slew of divorces...

so if they divorce, she is no longer his wife, and she can keep the lot, would that be right

sollar

Einhard wrote: »

I'm pretty certain that you have to actually break the law in order to be prosecuted. If there are laws infringed in anyway, then yes, haul them up before the courts. But things are bad enough in this country without people tearing up the statute books.

If these transfers were done to avoid paying debts or to fool nama then laws were broken.

Forest Master

gar120 wrote: »

in fairness if i was a developer thats the first thing I would of done.

Trust me - you're not smart enough.

Irish Slaves for Europe

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

ejmaztec

orourkeda

Cookie_Monster wrote: »

aiding and abetting should be good enough to get them under

Aiding and abetting what exactly?

Boom__Boom

Vile scum

Would it be so hard to bring in a law that says for a married couple wife's assets are the same as husband's assets?

Nodin

Boom__Boom wrote: »

Vile scum

Would it be so hard to bring in a law that says for a married couple wife's assets are the same as husband's assets?

...a considerable amount of effort was put into getting that scrapped...

Slogger Jogger

Nice touch that, going to the races in your 3.x mill helicopter.

ejmaztec

orourkeda wrote: »

Aiding and abetting what exactly?

They encouraged their husbands to buy big cars, properties, and borrow huge sums of money, to cover up the fact that their property-developing husbands' knobs were microscopic.

orourkeda

Irish Slaves for Europe wrote: »

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

Perhaps because the receipients didn't do anything wrong. At least the case against them is far more difficult to prove.

Slogger Jogger

Looks like one developer, or his wife that is, owns most of Howth.

orourkeda

ejmaztec wrote: »

They encouraged their husbands to buy big cars, properties, and borrow huge sums of money, to cover up the fact that their property-developing husbands' knobs were microscopic.

Surely their shafts are big enough to beat the aiding and abetting charges

Boom__Boom

Nodin wrote: »

...a considerable amount of effort was put into getting that scrapped...

What law is that ? and by who/why ?

Irish Slaves for Europe

orourkeda wrote: »

Perhaps because the receipients didn't do anything wrong.

thats neither here nor there

ejmaztec

orourkeda wrote: »

Perhaps because the receipients didn't do anything wrong.

They could have been directors of the various property companies, who just happened to resign at the right moment. As directors they would have been as responsible as their husbands, if the companies got involved in "strange" dealings.

BarryDoodles

Ficheall wrote: »

Cue slew of divorces...

Funnily enough since the courts have clamped down on the transfer of property between spouses, we are seeing many developers and their spouses "fall out of love" and apply for an uncontested separation. Terms of which include the spouses getting the family home and in some cases substantial property. The kicker of course is NAMA and the Banks cant touch the spouse

This ''abuse'' of family law is genius but, of course, immoral.

djk1000

Boom__Boom wrote: »

What law is that ? and by who/why ?

because until quite recently, a husband could sell the family home or anything the wife owned without her signature or knowledge. The law was changed to improve the rights of women within marriage.

As with many well intended laws, there are smart people that get paid very well to find ways to abuse them.

Son Of A Vidic

sollar wrote: »

If these transfers were done to avoid paying debts or to fool nama then laws were broken.

But the law will never apply to these cnuts unfortunately.

Bottle_of_Smoke

Immediate new demographic who will vote Sinn Fein if they promise to recommission the PIRA

ilovesleep

Fcuking pricks those developers. love your username op

Birdnuts

If anyone wants to know why their is no hope for this country tonights Prime Time proves that the mafia are well and truely in charge:mad::mad:

Boom__Boom

djk1000 wrote: »

because until quite recently, a husband could sell the family home or anything the wife owned without her signature or knowledge. The law was changed to improve the rights of women within marriage.

As with many well intended laws, there are smart people that get paid very well to find ways to abuse them.

Jokeshop

Dionysus

Irish Slaves for Europe wrote: »

All perfectly legal. All tax free. Nothing NAMA can do about it but try to persuade them to reverse the transfers. Watch primetime on rte1 now. Merry Christmas everyone.

Just watching this now. Well done to RTÉ's Prime Time. It's truly stomach-turning. Public consciousness of what is happening must be awakened.


Gerry Gannon, Séamus Ross, Michael McNamara have so far been listed. Why Gannon, for instance, needs all those big houses is obscene - how many houses can the guy live in at the one time? This ostentation is actually very, very, very nouveau riche.

Meanwhile, poor people continue to live in ordinary homes while the greatest parasites in Irish history since the Cromwellian conquest live it up and remain, by virtue of the fortunes transferred to their wives, multimillionaires. You don't have to be an idealist to see that something is fundamentally wrong about our society with this state of affairs.

Immoral, but all perfectly legal as you say. What great legislators we have in the Oireachtas. And before Fine Gael and Labour get all high and mighty, did they ever attempt to propose bills to close off these loopholes? Any member of the Oireachtas could have made such a proposal. The entire political class all stand indicted.

digme

Irish Slaves for Europe wrote: »

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

they don't call him lend a hand for nothing, wink wink

vintac34

Same old story,all we ever get is the law,no such thing as justice in this corrupt state!!!
Lawyers protecting their pals.. Remember Sean Fitz.having coffee or whatever with the barristers in the Four courts...
They will get away with it...Bloddy shower of scumbags,may they rot in hell for the hurt and misery they have inflicted on innocent people now and in the future.



















b

goat2

Irish Slaves for Europe wrote: »

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

since these assets were built on a loan, and these people did not honour the loan, means the assets belong to the bank, and can be taken back by same no matter what name they are in

James2693

Should be done for treason and hung

Nodin

Boom__Boom wrote: »

What law is that ? and by who/why ?

..the one that said the womans property automatically becomes that of the husband, by patriarchal societies all over, because it was a mans world...

ascanbe

vintac34 wrote: »

Same old story,all we ever get is the law,no such thing as justice in this corrupt state!!!
Lawyers protecting their pals.. Remember Sean Fitz.having coffee or whatever with the barristers in the Four courts...
They will get away with it...Bloddy shower of scumbags,may they rot in hell for the hurt and misery they have inflicted on innocent people now and in the future.



















b

If people keep repeating this mantra then they will..

Dionysus

Slogger Jogger wrote: »

Looks like one developer, or his wife that is, owns most of Howth.

Oh that would be Gerry Gannon again, and his wonderfully cooperative wife, Margaret Gannon. The Irish taxpayer is covering his €1billion debt while he still owns, through his spouse, all these properties.

Ali Babba

The only money that will ever be seen back out of all this will end up in the pockets of the legal profession as it will be fought by the developers in the courts. Lenihan has been stalling and stalling on this as it's a bail out system for his Fianna Fail cronies, pure and simple. Anyone who can't see this is in denial. The taxpayer in this country will be footing all the bills for this in at least thirty years time i'm sorry to say.

NAMA should never have been invented, probably the biggest mistake any government has made in the history of the state.

ilovesleep

why are we taking this? I am having a stroke here

ejmaztec

ilovesleep wrote: »

I am having a stroke here

Pervert

steddyeddy

well not advocatng it but like with bertie ahern if I saw these developers crossing the road in front of me I weouldnt brake. And if people think it doesnt solve anything Bullsh1t. there would already be in a better posistion to move forward

ilovesleep

ejmaztec wrote: »

Pervert

Not that kind of a stroke. Im having some sort of a panic attack - the chest pains.

ejmaztec

ilovesleep wrote: »

Not that kind of a stroke. Im having some sort of a panic attack - the chest pains.

Too much stroking has that affect on some people.:(

ilovesleep

We really do need war

AnnyHallsal

ilovesleep wrote: »

We really do need war

We need a time machine. And a team of assassins.

sollar

Did you see bertie and johnny ronan's warm old friends embrace!!

Also a handful of them owe 17 billion, its just madness.

tommyboy2222

People are finally awakening from their X-factor induced stupor.

This has been going on for the last two years since Nama was set up.

Can't wait for the next bout of anger when people get their January pay packets.

Dionysus

Pearse Doherty is on The Frontline talking about the Prime Time programme.

galwayrush

It's kinda funny :rolleyes: when you realise that the developers had a few months warning from the Government to protect themselves from losing their assets.......